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clockwork71 replied Nov 28, 2008For what it's worth, I am not trading for a living. However, I have been profitable 12 months in a row now....so that counts for something. I am still building up an account. I am going to share with you some of the things that you dismiss so ...
Dead end...
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clockwork71 replied Nov 23, 2008Interventions normally do not work. Normally the best intention is to slow down a meltdown. BoJ did it, back a few years ago. Can you spot where???? It took several months of buying into USD/JPY to make it finally work. So the question is are you ...
AUD - RBA Forex intervention
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clockwork71 replied Nov 21, 2008Is this a serious question, or another "Lets start an argument thread" This has been debated over and over. I am purely technical, and profitable. I don't care about fundamentals at all. Does that mean I am right? No. Being profitable does. If ...
Fundamental VS technical
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clockwork71 replied Nov 16, 2008This is funny considering that you tag says "LIVE LONG AND HAVE FUN" And let's not forget - if there are not profits, time doesn't matter. 20 years or minutes....it's still a big fat zero if you can't make it.
It's All Noise - Right?
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clockwork71 replied Nov 16, 2008You are saying the same thing I was. I don't disagree....I just don't want to sit at a computer for 2 hours, it's still too much work. And by the way....what makes you think I "worry" about any trade? There are more dangerous things in life than a ...
It's All Noise - Right?
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clockwork71 replied Nov 16, 2008This discussion certainly could be called noise as well. It's not the time frame in and of itself that matters so much - its the price level. For example, 1.2500 is support. (An example.) At 1.2500 it's support no matter what time frame you are ...
It's All Noise - Right?
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clockwork71 replied Nov 11, 2008I am successful. I don't claim to make massive profits, and I am not stupid enough to trade only Forex. There is a world of opportunity out there. In my opinion, and this is only opinion....I believe the best path to success is simply knowing your ...
Name just ONE successful forex trader...
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clockwork71 replied Nov 11, 2008I think the poster brings up some very interesting points. However, one thing cannot be denied: As the s**t has been hitting the fan, people are running back to the United States. Let's not forget: the entire economy of China peaked at roughly 15% ...
Outlook 2008, The Upcoming US Depression
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clockwork71 replied Nov 1, 2008For the newer trader - it's going to be a great week to demo trade.
price trend & USA election
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clockwork71 replied Nov 1, 2008CAD is sensitive to oil prices. However, it's also sensitive to the USD sometimes as well....just depends on what traders are "focusing" on.
Newbie eyes
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clockwork71 replied Nov 1, 2008Have you demoed this system first? Or did you jump all in with real money? Please demo first.....
100% Win Math Grid Ea
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clockwork71 replied Nov 1, 2008Who can tell? I can see everything but the price on these ridiculous charts.
JPY, AUD and EUR - spot the difference
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clockwork71 replied Nov 1, 2008The quick answer is that it doesn't.
How does order book scalping work?
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clockwork71 replied Nov 1, 2008Thank you for your money. — This thread is a perfect example of why so many fail. Here we have someone posting a very vague "system", and talking about how great it is. I am not saying this system will not work, in fact, it very well could. ...
the shadowman trading formula that works wonders!!
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clockwork71 replied Oct 29, 2008The "myth" of a 95% failure rate goes back to an article a few years ago. They asked the head of FXCM the following question: "How many of your customers make a profit?" His answer was something like: "I would be surprised if it was 5%". Here's a ...
95% failure rate?
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clockwork71 replied Oct 27, 2008Go back to demo trading, now. You were profitable in demo trading, right?
AUD/USD Pls help me get out of this hedging MESS !!!
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clockwork71 replied Oct 27, 2008That's not a very nice thing to say about the people on here that trade real money, not demo. And to answer the question.....look at the "random bounce and flip at 1.70 in GBP on the monthly." So this is the question....If you ask it, will it change ...
Do you believe in Support and Resistance?
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clockwork71 replied Oct 26, 2008Do not forget that parabolic moves like the ones we have been seeing tend to bounce really, really, high. If you look at extreme moves in the past, you see they normally bounce or drop just as fast, dues to most of the trading being knee-jerk ...
100% on GBP/JPY
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clockwork71 replied Oct 26, 2008If you can't find it, zoom out to the next higher time frame. Support and Resistance do exist. In fact, most people use them incorrectly, thinking they are pip-perfect. For example, if 1.30 is support, just because it breaks down to 1.2990 does not ...
Do you believe in Support and Resistance?
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clockwork71 replied Oct 24, 2008Fair enough. Except one minor point: Wyoming and California have the same legal structure. (I don't say laws, since there will be very minor differences.) Language, culture....kinda....the U.S. truly IS one country. With the exception of a handful ...
Does the Euro have a future?